They want to launch the world’s largest DeFi lending protocol in Bitcoin

Aave wants to operate on Spiderchain, which allows Ethereum apps to be compatible with Bitcoin. If the proposal is approved, they will launch a synthetic version of bitcoin on Spiderchain. Aave, one of the world’s largest DeFi lending protocols with a total value locked of $17 billion, is exploring the possibility of deploying its version … Read more

Institutional investment in Ethereum soared

Goldman Sachs has acquired $25 million in Ethereum ETFs. Citadel has purchased more than $3.5 million in these investment funds During the third quarter of the year, institutional investment in exchange-traded funds (ETFs) based on ether (ETH), the digital currency of the Ethereum ecosystem, skyrocketed. This is shown by the 13F forms that several financial … Read more

Argentina orders arrests of Brazilian Bolsonaro supporters over 2023 coup bid

Argentina’s courts on Friday ordered the arrest of 61 Brazilian nationals in Argentina facing jail sentences for their involvement in a January 2023 riot, which saw supporters of Brazil’s former far-right president Jair Bolsonaro storming Congress in an attempted to overthrow of the new left-wing government led by Luiz Inacio Lula da Silva, commonly known … Read more

More than 120,000 letters ask that Bitcoin be a strategic reserve in the United States

“We need your immediate help to show legislators why they should support legislation to establish a Strategic Bitcoin Reserve,” reads the petition made by the Satoshi Act Fund, an organization that has been making efforts to get US politicians draft favorable laws for bitcoin. In a few days More than 120,000 letters have been sent … Read more

Don’t know when to sell bitcoin? Try reverse DCA

Bitcoin’s bull cycle will end at some point. Having profit-taking strategies is useful for those who want to avoid a “crypto winter.” It is surely obvious to say that the popular phrase “everything has a beginning and an end” can be applied to any context, such as books, a movie, or even the bullish cycle … Read more